PONTE VEDRA BEACH, Fla. — PGA Tour Commissioner Tim Finchem says two British newspaper reports of a bid to take over the European Tour are inaccurate.

The Telegraph and The Daily Mail reported Tuesday that the PGA Tour made an "audacious" bid to acquire the European Tour.

Finchem said three years ago that men's professional golf might one day have a world tour, though he did not say how that would take shape or when. He says the International Federation of PGA Tours has worked together to create the World Golf Championships and to help get golf back into the Olympics.